Puma To Open Distribution Center In Phoenix
Puma signed a 15-year lease for one million square feet of warehouse space in Glendale, AZ, outside of Phoenix,
Fitmint Secures First Seed Funding Round
Move-to-earn startup Fitmint raised seed funding of $1.6 million led by venture capital firm General Catalyst, with participation from iSeed, Kearny Jackson, Dweb3, and 1947 Rise, among others.
REI Set To Open Stores in Colorado And Missouri
REI Co-op on Friday, July 22 plans to open the doors to new stores in Glenwood Springs, CO, and Town and Country, MO.
Florence Marine X Announces New GM, Hawaii
Florence Marine X, an outdoor apparel company co-founded by two-time world champion surfer and Olympian John John Florence, announced that it had named Joel Centeio as GM, Hawaii.
Emerald Acquires Advertising Week Global Event Platform
Emerald Holding, Inc. announced that it had completed the acquisition of all the business assets under the name Advertising Week from Stillwell Partners.
Pou Sheng Names New CEO, Chairman
Pou Sheng, Yue Yuen’s Chinese retail subsidiary, appointed Wang Jun as CEO, effective July 1, succeeding Shao-Wu Lee who is stepping down to become chairman.
Sports Fandom Increases, Powered By New Digital Platforms
A new study by Nielsen and LaLiga Tech shows Millennial and Gen Z consumers are following more sports competitions than Gen X and Boomers but strongly prefer streaming and mobile experiences, including fantasy games.
Nike’s Q4 Tops Wall Street Targets
Nike, Inc. reported earnings in its fiscal fourth quarter ended May 31, down 5 percent year-over-year but topped Wall Street estimates. Sales were down one percent as a 7 percent decline in its wholesale segment was offset by a 7 percent gain in direct sales.
Wilson Opens Third New York City Store
Wilson Sporting Goods Co. opened its third store in New York City at Columbus Circle.
Compass Diversified Joins Russell 2000 And 3000 Indexes
Compass Diversified (CODI) announced that it has been added to the Russell 2000 and 3000 Indexes at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the U.S. stock market opens Monday.
BSN Sports To Acquire Eastbay Team Sales Business
BSN Sports announced that it has entered into an agreement to acquire substantially all of the assets of the Eastbay Team Sales business from Foot Locker Retail, Inc., a subsidiary of Foot Locker.
Dick’s Sporting Goods To Close Montgomery Store
Dick’s Sporting Goods announced the closing of its store at EastChase in Montgomery, AL, according to Alabama News.
Rally House Opens Eighth Store In Cleveland Market
Downtown Cleveland gains a new Rally House store in the historic Caxton Building within the Gateway District, its eighth location in the Cleveland area.
Lids To Open Next To NBA Store In Manhattan
Lids will open a store at 545 Fifth Avenue in New York City, next to the National Basketball Association (NBA) store, which Lids manages on behalf of the NBA.
Foot Locker Appoints EVP, Global Lockers And Champs Sports
According to a regulatory filing, Foot Locker, Inc. appointed Andy Gray, formerly EVP and chief commercial officer, as EVP, Global Lockers and Champs Sports.
